While big box stores have not wiped out all mom and pop hardware, gardening, and outdoor furniture stores, they have taken over large parts of those industries. Independent Garden Centers (IGCs) have fallen well behind Read more…
Financial regulators warn about nearly everything. That is the job. Most of those warnings sound alike after a while, which is why the useful signal is rarely the warning itself. It is the ranking. Twice Read more…
Bank of Canada held policy rate at 2.25% on Wednesday, as widely expected, with Governor Tiff Macklem saying recent growth and inflation data had evolved broadly in line with July projections. In his opening statement Read more…
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The continuing conflict in the Middle East is keeping Read more…
Retirement planning rarely ends at the savings target; the harder question comes next: how much to pull out each year without outliving the portfolio. Three of the most widely cited benchmarks for safe retirement withdrawals Read more…
Today’s themes: Oil: Brent spiked to an intraday high of $97.04 before retreating, keeping inflation and yield risk elevated across markets without yet confirming a clear reversal. Yen: strongest major, combining a risk-aversion carry unwind Read more…
Wall Street’s most recognizable stock commentator just made a call. He wants a company to announce the biggest share repurchase in corporate history. That company is already buying back tens of billions of its own Read more…
Wall Street firms spend the back half of every year deciding where the next round of gains might come from. Their research gives investors a shortcut, since it packages deep company knowledge and financial modeling Read more…
A Pennsylvania furniture store is permanently closing, but declining sales are not to blame. In this case, it’s time for the owner to retire from the business. 107-year-old retail store Weiss Furniture in Latrobe, Pa., Read more…
As part of a push to bring in more tourist money and encourage travelers from different parts of the world to spend more time in the country, the Southeast Asian nation of Thailand raised the Read more…